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New tax rules property rental 2020/2021 year ?

Can I claim both the property allowance and the 20% relief for finance costs for the next tax year

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The expenses are less than £1000 so can I use the property allowance of £1000 and then claim for the full mortgage interest relief x 20% as well in the tax year 2020/21 or is it still one or the other?

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By Paul Crowley
13th Jan 2021 18:10

Your software knows the answer

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